Change
-$0.16
(-0.29%)
Total Return
-$0.05
(-0.09%)
Total Return
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that the investor's shares, when redeemed, may be worth more or less than the original cost. Returns less than one year are not annualized. Net asset value (NAV) prices are used to calculate market price performance prior to the date when the fund first traded on an exchange. Market performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.
Why AVEE?
Invests in a broad set of small-cap companies across emerging market countries and is designed to increase expected returns* by taking into consideration valuations, profitability and levels of investment when selecting and weighting securities.
Pursues the benefits associated with indexing (diversification, low turnover, transparency and tax efficiency) but with the ability to add value by making active investment decisions using information in current prices.
Efficient portfolio management and trading process designed to enhance returns while seeking to reduce unnecessary risks and transaction costs.
Fund Facts
Performance
To view month-end or historical performance, use the drop-down below.
TOTAL RETURN
CUMULATIVE
| AVERAGE ANNUAL
Average Annual Returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized. | |||||||
|---|---|---|---|---|---|---|---|---|
| YTD% | 1 MO | 3 MO | 1 YR | 3 YR | 5 YR | 10 YR | LIFE | |
|
AVEE (NAV)
Net Asset Value. The total value per ETF share of all the underlying securities in an ETF's portfolio. The NAV Return is based on the NAV of the fund. NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at NAV. |
6.74% | -4.36% | 2.66% | - - | - - | - - | - - | 13.14% |
|
AVEE (MARKET PRICE)
The price at which shares in the ETF can be bought or sold on the exchanges during trading hours. Market Price is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund's NAV is calculated. Market Price Return is based on the market price per share of the fund. Since shares of the fund did not trade in the secondary market until after the fund's inception, for the period from inception to the first day of secondary market trading in shares of the fund, the NAV of the fund is used as a proxy for the Market Price to calculate market returns. Market Price returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price. |
7.28% | -3.16% | 2.76% | - - | - - | - - | - - | 13.95% |
|
BENCHMARK
|
8.27% | -4.11% | 1.20% | 23.95% | 3.62% | 10.45% | 5.61% | - - |
Fees
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. Please see the prospectus for more information.
The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Pricing
Market Prices
The price at which shares in the ETF can be bought or sold on the exchanges during trading hours. Market Price is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund's NAV is calculated. Market Price Return is based on the market price per share of the fund. Since shares of the fund did not trade in the secondary market until after the fund's inception, for the period from inception to the first day of secondary market trading in shares of the fund, the NAV of the fund is used as a proxy for the Market Price to calculate market returns. Market Price returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price.
-$0.16
(-0.29%)
NAV
-$0.05 (-0.09%)
52 Week Range
Trading
A premium is the amount that the fund is trading above the reported NAV, expressed as a percentage of the NAV. A discount is the amount that the fund is trading below the reported NAV, expressed as a percentage of the NAV.
Portfolio
Sector Weightings
This value represents the sectors included in the portfolio on a percent of assets basis.
Industrials
18%
Information Technology
17%
Consumer Discretionary
14%
Materials
13%
Financials
9%
Health Care
8%
Real Estate
7%
Consumer Staples
7%
Communication Services
4%
Utilities
3%
Energy
2%
Country Allocation
Top Countries: Represents the countries included in the portfolio on a percent of assets basis. Top Regions: Represents the regions of the countries represented by the securities included in the portfolio on a percent of assets basis.
Taiwan
21%
China
21%
India
19%
South Korea
11%
Brazil
8%
South Africa
4%
Thailand
3%
Indonesia
3%
Malaysia
3%
Mexico
2%
Top 10 Holdings
This value represents the top ten holdings included in the portfolio on a percent of assets basis. Holding weights are rounded to the nearest whole number, which may result in the display of less than ten holdings. Holdings are subject to change without notice. Shares are units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends. In the context of debt instruments, principal can refer to the face value, or par value, of a bond—that is, the actual amount listed on the bond itself. Avantis Investors publishes this listing of identities and quantities of each position held by the fund on each business day, before commencement of trading. Securities are reported at market value. The portfolio data and its presentation here may differ from the complete schedules of investments in regulatory filings due to differing accounting and reporting requirements.
As of 11/19/2024
View all Holdings
COMPANY |
TICKER | CUSIP
|
ISIN
|
SECTOR | MARKET VALUE ($)
|
WEIGHT
|
|---|---|---|---|---|---|---|
| POP MART INTERNATIONAL GROUP COMMON STOCK USD.0001 | 9992 | BN6PP3905 | KYG7170M1033 | CONSUMER DISCRETIONARY | 256,674.85 | 0.93% |
| EMBRAER SA SPON ADR ADR | ERJ | 29082A107 | US29082A1079 | INDUSTRIALS | 220,109.60 | 0.80% |
| QIFU TECHNOLOGY INC ADR USD.00001 | QFIN | 88557W101 | US88557W1018 | FINANCIALS | 213,965.02 | 0.78% |
| GCL TECHNOLOGY HOLDINGS LTD COMMON STOCK HKD.1 | 3800 | B28XTR905 | KYG3774X1088 | INFORMATION TECHNOLOGY | 190,670.12 | 0.69% |
| GDS HOLDINGS LTD CL A COMMON STOCK USD.00005 | 9698 | BMG40P901 | KYG3902L1095 | INFORMATION TECHNOLOGY | 175,291.98 | 0.64% |
| ONEWO INC H COMMON STOCK CNY1.0 | 2602 | BPJPDT902 | CNE100005K85 | REAL ESTATE | 138,864.22 | 0.50% |
| AAC TECHNOLOGIES HOLDINGS IN COMMON STOCK USD.01 | 2018 | B85LKS908 | KYG2953R1149 | INFORMATION TECHNOLOGY | 135,450.32 | 0.49% |
| LOJAS RENNER S.A. COMMON STOCK | LREN3 | B0CGYD906 | BRLRENACNOR1 | CONSUMER DISCRETIONARY | 126,692.19 | 0.46% |
| TRUWORTHS INTERNATIONAL LTD COMMON STOCK ZAR.00015 | TRU | 611348905 | ZAE000028296 | CONSUMER DISCRETIONARY | 120,688.68 | 0.44% |
| CHINA TAIPING INSURANCE HOLD COMMON STOCK | 966 | 626404909 | HK0000055878 | FINANCIALS | 113,132.61 | 0.41% |
Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
This fund is an actively managed ETF that does not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer.
Historically, small- and/or mid-cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies.
International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks.
*Expected Returns: Valuation theory shows that the expected return of a stock is a function of its current price, its book equity (assets minus liabilities) and expected future profits, and that the expected return of a bond is a function of its current yield and its expected capital appreciation (depreciation). We use information in current market prices and company financials to identify differences in expected returns among securities, seeking to overweight securities with higher expected returns based on this current market information. Actual returns may be different than expected returns, and there is no guarantee that the strategy will be successful.
Source: MSCI. Morgan Stanley Capital International (MSCI) makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.
Exchange Traded Funds (ETFs): Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investment Services, Inc.
